Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
400 Bonnieview Rd Grandview, WA 98930
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US90-1493606
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
628 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M1
APN
230923-21436
UPID
US90-1493606
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Conrad Gilbert · 17 yrs held
Conrad Gilbert
since 2008
3 recorded transactions
Zoning & alternative use
M1 · Grandview, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
17.50.010 Purpose. § 17.50.020 Permitted uses. § 17.50.030 Permitted accessory uses. § 17.50.040 Conditional uses. § 17.50.050 Prohibited uses. § 17.50.060 Development standards. § 17.50.070 Plan required. Chapter 17.52 M-1 LIGHT INDUSTRIAL DISTRICT § 17.52.010 Purpose. § 17.52.020 Permitted uses. § 17.52.030 Permitted accessory uses. § 17.52.040 Permitted c…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
799.33 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grandview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grandview submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,310
Tax year 2024
Assessed value
$1,551,200
Assessed 2024
Previous assessed
$1,400,600
+10.8% YoY
Effective rate
0.86%
On assessed value
Assessed land
$29,900
Assessed improvement
$1,521,300
Land market value
$29,900
Improvement market value
$1,521,300
Total market value
$1,551,200
Applied tax rate
440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
628 SF
Lot
0.34 ac (14,810 SF)
Zoning code
M1
APN
230923-21436
UPID
US90-1493606
Jurisdiction
YAKIMA
Zoning & alternative use
M1 · Grandview, WAZoning M1 · permitted uses
M1 · Grandview, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
17.50.010 Purpose. § 17.50.020 Permitted uses. § 17.50.030 Permitted accessory uses. § 17.50.040 Conditional uses. § 17.50.050 Prohibited uses. § 17.50.060 Development standards. § 17.50.070 Plan required. Chapter 17.52 M-1 LIGHT INDUSTRIAL DISTRICT § 17.52.010 Purpose. § 17.52.020 Permitted uses. § 17.52.030 Permitted accessory uses. § 17.52.040 Permitted conditional uses. § 17.52.050 Prohibited uses. § 17.52.060 Development standards. Ch
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
799.33 ac
Building & site characteristics
From public records
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Conrad Gilbert
Individual
Mailing address
PO BOX 8TH 8, GRANDVIEW, WA 98930-0008
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2015
—
Conrad & Adams Fruit LLC
—
Deed Of Trust
related
$3,000,000 · Donald C Adams
Oct 31, 2008
$3,187,000
Conrad Gilbert
Snokist Growers
Warranty Deed
$2,900,000 · Northwest Farm Credit Svcs
Apr 1, 1990
$10,300
Snokist Growers INC
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Bonnieview Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
